15844 SE Fairwood BoulevardRentonWA98058
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Renton at 15844 SE Fairwood Boulevard, Renton, WA, 98058 generates $4,728/mo in rent and, after a $3,813/mo payment, leaves $45/mo in cash flow. Total monthly income is $4,728/mo, and annual cash flow is $541/yr on $256,291 invested. Return on cash invested sits at 20.27% in year one, and rental yield is 7.28% on a $779,000 entry. Equity gained on principal adds $5,027/yr, while 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 104.53% and total cumulative return in cash sums $267,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,728/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
9,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98058, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,386 (100%) |
| Owner Occupied HU | 11,608 (70.8%) |
| Renter Occupied HU | 4,425 (27.0%) |
| Vacant Housing Units | 353 ( 2.2%) |
| Median Home Value | $678,214 |
| Average Home Value | $781,202 |
Housing Distribution
Address Breakdown
Residential
16,284
Single Family
14,090
Multi-Family
2,194
Businesses
498
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Listed by: Amy Li • WeLakeside
Mls Name: NWMLS
Mls ID: #2439147